FHQDX vs. SVOL
Compare and contrast key facts about Fidelity Freedom Blend 2005 Fund Class K6 (FHQDX) and Simplify Volatility Premium ETF (SVOL).
FHQDX is managed by Fidelity. It was launched on Aug 31, 2018. SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHQDX or SVOL.
Key characteristics
| FHQDX | SVOL | |
|---|---|---|
| YTD Return | 2.43% | 8.26% |
| 1Y Return | 8.25% | 11.87% |
| 3Y Return (Ann) | -1.00% | 8.22% |
| Sharpe Ratio | 2.12 | 1.02 |
| Sortino Ratio | 3.30 | 1.39 |
| Omega Ratio | 1.57 | 1.25 |
| Calmar Ratio | 0.79 | 1.12 |
| Martin Ratio | 13.41 | 7.31 |
| Ulcer Index | 0.63% | 1.67% |
| Daily Std Dev | 3.99% | 11.94% |
| Max Drawdown | -16.52% | -15.68% |
| Current Drawdown | -3.13% | -1.36% |
Correlation
The correlation between FHQDX and SVOL is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FHQDX vs. SVOL - Performance Comparison
In the year-to-date period, FHQDX achieves a 2.43% return, which is significantly lower than SVOL's 8.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FHQDX vs. SVOL - Expense Ratio Comparison
FHQDX has a 0.21% expense ratio, which is lower than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
FHQDX vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2005 Fund Class K6 (FHQDX) and Simplify Volatility Premium ETF (SVOL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FHQDX vs. SVOL - Dividend Comparison
FHQDX's dividend yield for the trailing twelve months is around 3.33%, less than SVOL's 16.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
FHQDX Fidelity Freedom Blend 2005 Fund Class K6 | 3.33% | 3.07% | 3.45% | 2.34% | 1.15% | 1.60% | 1.06% |
SVOL Simplify Volatility Premium ETF | 16.51% | 16.37% | 18.31% | 4.65% | 0.00% | 0.00% | 0.00% |
Drawdowns
FHQDX vs. SVOL - Drawdown Comparison
The maximum FHQDX drawdown since its inception was -16.52%, which is greater than SVOL's maximum drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for FHQDX and SVOL. For additional features, visit the drawdowns tool.
Volatility
FHQDX vs. SVOL - Volatility Comparison
The current volatility for Fidelity Freedom Blend 2005 Fund Class K6 (FHQDX) is 0.00%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 3.35%. This indicates that FHQDX experiences smaller price fluctuations and is considered to be less risky than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.